A Retrospective Look at Rescuing and Restructuring General Motors and Chrysler
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Editors All Shook up Over Ears'new Release
Page 8· THE AQUINAS· November 17, 1981 -.. contrast Editors allshook up over ears'new- release Cars mature Cars stagnate BY TONY NICHOLAS BY PAUL MAURER Aquinas C&R Editor Aquinas C&R Editor Panorama, the Cars' last LP, was a mistake The cover design ofthe Car's fourth and that never should have been released. Most Jatest album Shake It Up appears both . Cars' enthusiasts atthat time immediately promising and suspicious. The red and green went down to their local record shops and motif is eithera subliminal sales pitch to the bought the album without hearing it first, Christmas record buyer oran example of the and consequently felt like they got burned. Cars' penchant for gimmicks. "Burn me once, shame on you; burn me .The sexy female on the cover brings back TWICE, shame on me!" memories ofthe group's epi~ debut album. The Cars latest project, Shake It Up, may Does the cover similarity signify a suffer as a result and, this time, critics and renaissance ofthe Cars' musical style~ fans alike might tend to over-scrutinize the Unfortunately, the suggested . new release. foreshadowing ofthe album cover does not Most feel when a w:.:oup like the Cars describe the musical content of the LP. churns out two smasn LP's (The Cars and Gimmicks abound in this nine-song Candy-o), and then release a real stinker, the compilation, but the Package sounds next one better be exactly like the first two or suspiciously similar to lastyear'sanemic scrap the group altoghe.ther. This really isn't third album, Panorama. -
Investment, Overhang, and Tax Policy
2581-04_Desai.qxd 1/18/05 13:28 Page 285 MIHIR A. DESAI Harvard University AUSTAN D. GOOLSBEE University of Chicago Investment, Overhang, and Tax Policy THE PAST DECADE HAS seen an unusual pattern of investment. The boom of the 1990s generated unusually high investment rates, particularly in equipment, and the bust of the 2000s witnessed an unusually large decline in investment. A drop in equipment investment normally accounts for about 10 to 20 percent of the decline in GDP during a recession; in the 2001 recession, however, it accounted for 120 percent.1 In the public mind, the recent boom and bust in investment are directly linked due to “capital overhang.” Although the term is not very precisely defined, this view generally holds that excess investment in the 1990s, fueled by an asset price bubble, left corporations with excess capital stocks, and therefore no demand for investment, during the 2000s. The popular view also holds that these conditions will continue until normal economic growth eliminates the overhang and, consequently, that there is little policymakers can do to remedy the situation, by subsidizing invest- ment with tax policy, for example. Variants on this view have been espoused by private sector analysts and economists,2 and the notion of a We thank Mark Veblen and James Zeitler for their invaluable research assistance, as well as Alan Auerbach, Kevin Hassett, John Leahy, Joel Slemrod, and participants at the Brookings Panel conference for their comments. Dale Jorgenson was kind enough to pro- vide estimates of the tax term by asset. Mihir Desai thanks the Division of Research at Har- vard Business School for financial support. -
2006-07 Annual Report
����������������������������� the chicago council on global affairs 1 The Chicago Council on Global Affairs, founded in 1922 as The Chicago Council on Foreign Relations, is a leading independent, nonpartisan organization committed to influencing the discourse on global issues through contributions to opinion and policy formation, leadership dialogue, and public learning. The Chicago Council brings the world to Chicago by hosting public programs and private events featuring world leaders and experts with diverse views on a wide range of global topics. Through task forces, conferences, studies, and leadership dialogue, the Council brings Chicago’s ideas and opinions to the world. 2 the chicago council on global affairs table of contents the chicago council on global affairs 3 Message from the Chairman The world has undergone On September 1, 2006, The Chicago Council on tremendous change since Foreign Relations became The Chicago Council on The Chicago Council was Global Affairs. The new name respects the Council’s founded in 1922, when heritage – a commitment to nonpartisanship and public nation-states dominated education – while it signals an understanding of the the international stage. changing world and reflects the Council’s increased Balance of power, national efforts to contribute to national and international security, statecraft, and discussions in a global era. diplomacy were foremost Changes at The Chicago Council are evident on on the agenda. many fronts – more and new programs, larger and more Lester Crown Today, our world diverse audiences, a step-up in the pace of task force is shaped increasingly by forces far beyond national reports and conferences, heightened visibility, increased capitals. -
Uncorrected Transcript
1 CEA-2016/02/11 THE BROOKINGS INSTITUTION FALK AUDITORIUM THE COUNCIL OF ECONOMIC ADVISERS: 70 YEARS OF ADVISING THE PRESIDENT Washington, D.C. Thursday, February 11, 2016 PARTICIPANTS: Welcome: DAVID WESSEL Director, The Hutchins Center on Monetary and Fiscal Policy; Senior Fellow, Economic Studies The Brookings Institution JASON FURMAN Chairman The White House Council of Economic Advisers Opening Remarks: ROGER PORTER IBM Professor of Business and Government, Mossavar-Rahmani Center for Business and Government, The John F. Kennedy School of Government at Harvard University Panel 1: The CEA in Moments of Crisis: DAVID WESSEL, Moderator Director, The Hutchins Center on Monetary and Fiscal Policy; Senior Fellow, Economic Studies The Brookings Institution ALAN GREENSPAN President, Greenspan Associates, LLC, Former CEA Chairman (Ford: 1974-77) AUSTAN GOOLSBEE Robert P. Gwinn Professor of Economics, The Booth School of Business at the University of Chicago, Former CEA Chairman (Obama: 2010-11) PARTICIPANTS (CONT’D): GLENN HUBBARD Dean & Russell L. Carson Professor of Finance and Economics, Columbia Business School Former CEA Chairman (GWB: 2001-03) ALAN KRUEGER Bendheim Professor of Economics and Public Affairs, Princeton University, Former CEA Chairman (Obama: 2011-13) ANDERSON COURT REPORTING 706 Duke Street, Suite 100 Alexandria, VA 22314 Phone (703) 519-7180 Fax (703) 519-7190 2 CEA-2016/02/11 Panel 2: The CEA and Policymaking: RUTH MARCUS, Moderator Columnist, The Washington Post KATHARINE ABRAHAM Director, Maryland Center for Economics and Policy, Professor, Survey Methodology & Economics, The University of Maryland; Former CEA Member (Obama: 2011-13) MARTIN BAILY Senior Fellow and Bernard L. Schwartz Chair in Economic Policy Development, The Brookings Institution; Former CEA Chairman (Clinton: 1999-2001) MARTIN FELDSTEIN George F. -
40S’ Past Reflect on Lessons Learned by Barbara E
18 DECEMBER 3, 2012 • CRAIN’S CHICAGO BUSINESS 40 UNDER 40: THEN AND NOW FILE PHOTOS 1989 (THE FIRST YEAR) CRAIN’S DAVID AXELROD LINDA JOHNSON RICE JOHN ROGERS JR. MARC SCHULMAN OPRAH WINFREY Class: 1989 Class: 1989 Class: 1989 Class: 1989 Class: 1989 Then: President, Axelrod & Associates Then: President, Then: President, Ariel Then: President, Eli’s Chicago’s Then: Owner, Harpo Production Co. Now: Director, Institute of Politics, Johnson Publishing Co. Capital Management Inc. Finest Cheesecake Inc. Now: Chairman, Oprah Winfrey University of Chicago; president, Now: Chairman, Now: Chairman, chief investment officer, Now: President, Network LLC; chairman, CEO, Axelrod Strategies LLC Johnson Publishing Co. CEO, Ariel Investments LLC Eli’s Cheesecake Co. Harpo Productions Inc. THE 1990S RAHM EMANUEL ILENE GORDON PENNY PRITZKER JOE MANSUETO BARACK OBAMA MARYSUE BARRETT VALERIE JARRETT DESIREE ROGERS MICHAEL FERRO JR. DANIEL HAMBURGER Class: 1990 Class: 1991 Class: 1991 Class: 1992 Class: 1993 Class: 1994 Class: 1994 Class: 1995 Class: 1998 Class: 1999 Then: Principal, Then: Vice president, area Then: President, Classic Then: President, Then: Director, Then: Chief of policy, Then: Commissioner, Then: Director, Then: CEO, Click Then: President, Research Group general manager, Packaging Residence by Hyatt; Morningstar Inc. Illinois Project Vote mayor’s office, Chicago Department of Illinois Lottery Interactive Inc. Grainger Internet Now: Mayor, Corp. of America partner, Pritzker & Pritzker Now: Chairman, Now: President, city of Chicago Planning and Development Now: CEO, Johnson Now: Chairman, CEO, Merrick Commerce city of Chicago Now: Chairman, president, Now: Chairman, CEO, CEO, Morningstar Inc. United States Now: President, Metropolitan Now: Senior adviser, Publishing Co. Ventures LLC; chairman, Now: President, CEO, CEO, Ingredion Inc. -
Quantitative Methods for Policy Research
Institute for Policy Research Northwestern University < Year in Review 2010 Poverty, Race, and Inequality < Social Disparities and Health < Politics, Institutions, and Public Policy < Child, Adolescent, and Family Studies < Quantitative Methods for Policy Research < Philanthropy and Nonprofit Organizations < Urban Policy and Community Development < Education Policy Institute for Policy Research The mission of the Institute for Northwestern University “ Policy Research is to stimulate 2040 Sheridan Road and support excellent social Evanston, IL 60208-4100 science research on significant T: 847-491-3395 public policy issues and to Visit us online at: disseminate the findings www.northwestern.edu/ipr widely—to students, scholars, www.twitter.com/ipratnu policymakers, and the public. www.facebook.com/ipratnu ” About the cover photos: Top: IPR fellows David Figlio and Diane Whitmore Schanzenbach prepare their remarks for an IPR policy research briefing on Capitol Hill. Left: Austan Goolsbee, one of President Obama’s top economic advisers, points to how his training as an academic proved invaluable in addressing the nation’s financial crisis. Middle: IPR Director Fay Lomax Cook (r.) welcomes four of IPR’s six new faculty fellows (see pp. 6–7). Right: Former U.S. Surgeon General Dr. David Satcher discusses inequities in healthcare with sociologist and IPR associate Mary Pattillo. Photo credits: LK Photos (top), A. Malkani (left), and P. Reese (middle and right). 1 Table of Contents Message from the Director 2 IPR Mission and Snapshot Highlights -
General Motors Protection Plan P.O
GENERAL MOTORS PROTECTION PLAN P.O. Box 6855 Chicago, Illinois 60680-6855 (800) 631-5590 SMART PROTECTION COVERAGE XX Months or XX,000 Miles AGREEMENT AGREEMENT HOLDER: REFERENCE NUMBER: SAMPLE CUSTOMER 800123456 123 MAIN STREET ANYTOWN, MI 12345-6789 COVERED VEHICLE NUMBER: XXXXXXXXXXXXXXXXX Agreement Agreement Agreement Expiration Date: Expiration Mileage: Deductible: 99/99/9999 999,999 $0 (SN) SMART PROTECTION coverage starts on the date and at the mileage you purchase this Agreement and ends on 99/99/9999 or at 999,999 miles, whichever occurs first. This Agreement is between the Agreement Holder identified above ("YOU" or "YOUR") and the Provider, GMAC Service Agreement Corporation ("WE", "US", or "OUR"), and includes the terms of YOUR Contract Registration. DEFINITIONS When the following terms appear in all capital letters and bold print, they have these meanings: "CLAIM" refers to any COST for which YOU seek payment or reimbursement from US under this Agreement. "COST" refers to the usual and fair charges for parts and labor to repair or replace a covered part or perform a covered service. "DEDUCTIBLE" as identified on page 1, is the amount YOU pay per repair visit for repairs covered by this Agreement. If the same covered part fails again, no DEDUCTIBLE will apply. "FAILURE" refers to the inability of an original or like replacement part covered by this Agreement to function in normal service. "VEHICLE" refers to the covered VEHICLE as identified on page 1. WHAT THIS AGREEMENT COVERS SMART PROTECTION COVERAGE WE will pay YOU or a licensed repairer the COST, in excess of the DEDUCTIBLE, to remedy any FAILURE using new, used, or remanufactured parts, except as explained in the items listed under the section "WHAT THIS AGREEMENT DOES NOT COVER". -
2015 Buick Lacrosse Eassist 2012 - 2015 Buick Regal Eassist
2012 - 2015 Buick LaCrosse eAssist 2012 - 2015 Buick Regal eAssist GM Service Technical College provides First Responder Guides (FRG) and Quick Reference (QR) Sheets free of charge to First Responders. FRGs and QRs can be displayed in a classroom as long as they are represented as GM information and are not modified in any way. GM’s First Responder Guides are available at www.gmstc.com © 2014 General Motors. All Rights Reserved 1 The intent of this guide is to provide information to help you respond to emergency situations involving the Buick LaCrosse and Regal eAssist vehicles in the safest manner possible. This guide contains a general description of how the Buick LaCrosse and Regal eAssist vehicle systems operate and includes illustrations of the unique components. The guide also describes methods of disabling the high voltage system and identifies cut zone information. © 2014 General Motors. All Rights Reserved 2 Vehicle Specifications The Buick LaCrosse and Regal eAssist vehicles are front-wheel drive, five passenger hybrid electric vehicles. The eAssist system utilizes a high voltage battery, located in the trunk, as a supplemental power source. The system assists the engine utilizing a high torque belt driven starter / generator. © 2014 General Motors. All Rights Reserved 3 Vehicle Identification The Buick LaCrosse and Regal eAssist do NOT use exterior badging to identify them as eAssist vehicles. To differentiate between standard and eAssist Buick LaCrosse and Regal vehicles, look in the following places to determine if high voltage exists: Under the hood features: • Large orange cable connected to generator • Yellow First Responder Cut Tape Label Auto Stop Instrument panel cluster features: on Economy Tachometer • Economy gauge Gauge • Auto stop position on tachometer Trunk features: • Battery label © 2014 General Motors. -
GM End of Lease Guide
END-OF-LEASE GUIDE GOOD THINGS SHOULD NEVER COME TO AN END. As the end of your current lease with GM Financial draws near, we’d like to thank you for your business, and we hope that you’ve had an excellent driving experience in your General Motors vehicle. To help guide you through the end-of-lease process, we’ve created this step-by- step guide. Or, visit gmfinancial.com/EndofLease. What should you do with your current TABLE OF CONTENTS leased GM vehicle? You have several options from which to choose: Your Lease-End Options 1 • Purchase or lease a new GM vehicle Trade in Your Vehicle 2 • Purchase your current leased vehicle Turn in Your Vehicle 2 • Turn in your leased vehicle Want to continue enjoying the GM driving experience? Select Your Next GM Vehicle 3 GM has many new and exciting models available. Check your mail in the coming weeks because you may become Schedule Your Inspection 4 eligible to receive incentives towards the purchase or lease of a new GM vehicle. Review Your Vehicle’s Condition 6 Frequently Asked Questions 11 What will you be driving this time next year? Contact Us 12 GM is consistently developing new and exciting models for our customers. Visit GM.com to check out Wear-and-Tear Card 13 new vehicles and determine which one fits your needs. YOUR LEASE-END OPTIONS Buick Envision Chevrolet Cruze Cadillac XT5 OPTION 1: OPTION 2: OPTION 3: TURN IN YOUR GM VEHICLE PURCHASE YOUR TURN IN YOUR GM VEHICLE AND PURCHASE OR LEASE LEASED GM VEHICLE Return the vehicle to the GM A NEW GM VEHICLE You can purchase your leased vehicle dealership where it was leased.* Are you ready for your next at any time during your lease period, Remember to bring your GM vehicle? Visit your nearest or you may do so near the end of your owner’s manual, extra set of GM dealer to test drive the lease. -
Report to the President on the Activities of the Council of Economic Advisers During 2009
APPENDIX A REPORT TO THE PRESIDENT ON THE ACTIVITIES OF THE COUNCIL OF ECONOMIC ADVISERS DURING 2009 letter of transmittal Council of Economic Advisers Washington, D.C., December 31, 2009 Mr. President: The Council of Economic Advisers submits this report on its activities during calendar year 2009 in accordance with the requirements of the Congress, as set forth in section 10(d) of the Employment Act of 1946 as amended by the Full Employment and Balanced Growth Act of 1978. Sincerely, Christina D. Romer, Chair Austan Goolsbee, Member Cecilia Elena Rouse, Member 307 Council Members and Their Dates of Service Name Position Oath of office date Separation date Edwin G. Nourse Chairman August 9, 1946 November 1, 1949 Leon H. Keyserling Vice Chairman August 9, 1946 Acting Chairman November 2, 1949 Chairman May 10, 1950 January 20, 1953 John D. Clark Member August 9, 1946 Vice Chairman May 10, 1950 February 11, 1953 Roy Blough Member June 29, 1950 August 20, 1952 Robert C. Turner Member September 8, 1952 January 20, 1953 Arthur F. Burns Chairman March 19, 1953 December 1, 1956 Neil H. Jacoby Member September 15, 1953 February 9, 1955 Walter W. Stewart Member December 2, 1953 April 29, 1955 Raymond J. Saulnier Member April 4, 1955 Chairman December 3, 1956 January 20, 1961 Joseph S. Davis Member May 2, 1955 October 31, 1958 Paul W. McCracken Member December 3, 1956 January 31, 1959 Karl Brandt Member November 1, 1958 January 20, 1961 Henry C. Wallich Member May 7, 1959 January 20, 1961 Walter W. Heller Chairman January 29, 1961 November 15, 1964 James Tobin Member January 29, 1961 July 31, 1962 Kermit Gordon Member January 29, 1961 December 27, 1962 Gardner Ackley Member August 3, 1962 Chairman November 16, 1964 February 15, 1968 John P. -
Obama: NAFTA Not So Bad After All the Democratic Nominee, in an Interview with Fortune, Says He Wants Free Trade "To Work for All People."
Anexo 2. Obama hace declaraciones sobre el Tratado de Libre Comercio de América del Norte. Obama: NAFTA not so bad after all The Democratic nominee, in an interview with Fortune, says he wants free trade "to work for all people." WASHINGTON (Fortune) -- The general campaign is on, independent voters are up for grabs, and Barack Obama is toning down his populist rhetoric - at least when it comes to free trade. In an interview with Fortune to be featured in the magazine's upcoming issue, the presumptive Democratic nominee backed off his harshest attacks on the free trade agreement and indicated he didn't want to unilaterally reopen negotiations on NAFTA. "Sometimes during campaigns the rhetoric gets overheated and amplified," he conceded, after I reminded him that he had called NAFTA "devastating" and "a big mistake," despite nonpartisan studies concluding that the trade zone has had a mild, positive effect on the U.S. economy. Does that mean his rhetoric was overheated and amplified? "Politicians are always guilty of that, and I don't exempt myself," he answered. Obama says he believes in "opening up a dialogue" with trading partners Canada and Mexico "and figuring to how we can make this work for all people." Obama spokesman Bill Burton said that Obama-as the candidate noted in Fortune's interview-has not changed his core position on NAFTA, and that he has always said he would talk to the leaders of Canada and Mexico in an effort to include enforceable labor and environmental standards in the pact. 99 Nevertheless, Obama's tone stands in marked contrast to his primary campaign's anti-NAFTA fusillades. -
Verano Buick Verano Introduction
BUICK buick.ca 191-13-B-001EInformation ’13Provided by: VERANO BUICK VERANO INTRODUCTION COMPACT DEFINES ITS SIZE, NOT ITS STATURE. Verano demonstrates how the definition of luxury today has evolved. It also represents a milestone for compact cars, offering all the accoutrements of authentic luxury – only in a smaller package. That means you gain the hallmarks of Buick refinement, from its sculpted contours and graceful design cues – to its exquisite craftsmanship and exceptionally quiet ride. Now in its second year of production, the 2013 Verano is about to take the compact luxury segment into an even more compelling direction, thanks to the introduction of an available 250 horsepower “ EXCESSIVE COMPETENCE, QUIET PROFICIENCY, CALL IT WHAT 2.0L ECOTEC® turbocharged engine. It’s yet another way that Verano proves how YOU LIKE, THE VeRANO IS LOADED WITH THE STUFF AND IT’S you can get more from less, with the efficiency of a small displacement engine and ALL WITHIN A QUIET, SOLID AND ATTRACTIVE BUICK SHELL.” yet the power needed for responsive performance. Verano makes a strong – Edmunds.com, October 2011 impression in other areas as well – from the enhanced safety of 10 standard airbags to the interactive entertainment provided by Buick IntelliLinkTM. Compact luxury as only Buick could imagine it – the 2013 Verano. Information Provided by: 2 3 BUICK VERANO TECHNOLOGY Verano has already redefined the compact car with its upscale driving experience. The introduction of the available air intake temperature by almost 100 degrees C (212 degrees F). The result is an anticipated 0–96 km/h (60 mph) 2.0L ECOTEC® turbocharged engine takes Verano into previously uncharted territory, thanks to the prodigious acceleration time of just over six seconds.